Business Loan against property LAP in Details
Loan against property is the mortgage which is given by banks after retaining buyer property as collateral.
Chapters of Video are :
00:00 what’s mortgage against property for enterprise
00:31 in LAP banks retains collateral for mortgage
01:26 goal for enterprise mortgage against property
02:19 checklist of enterprise can get advantages from LAP
02:50 Types of property that may be mortgage for LAP
03:25 Low CIBIL Credit Scorer can even get mortgage against property
04:10 Legal and technical verification of property
04:35 What is LTV, how mortgage quantity determined
05:50 Loan quantity additionally rely on mortgage reimbursement capability of borrower
06:15 Age restrict for Loan against property
06:35 Maximum mortgage quantity that may be given below LAP
06:42 LAP will be offered as Term Loan or Overdraft facility
06:58 Interest charges of LAP begins from 9.50%
07:08 Maximum mortgage tenure of LAP
07:16 Processing charges and different costs
07:50 Documents required for mortgage against property
08:45 Any one having 100 sq yards house is a millionaire in India
Murari Garg
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